Monday, April 6, 2009

Is the Fed losing it's nerve?

"The Fed's problem is that the market realizes that $300 billion in Treasury buybacks is just a drop in the bucket compared to $2.5 trillion in estimated net Treasury issuance this fiscal year," said strategists at UBS Securities.

Voltron says: will the Fed raise or fold?  I'm betting they are going all in.

Full article: http://www.marketwatch.com/news/story/story.aspx?guid=%7BC7AC5229%2DE0FD%2D4C3C%2DBE46%2D74674D749EC8%7D&siteid=rss

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